BITSTAMP:BTCUSD We are in a Bear Market since November 2021, which is taking the form of an ABC Zigzag to the downside. We are missing Primary Wave 5. It should be shorter than Primary Wave 3, which was about $15,000 USD in length. Meaning we should stay above $9,400 USD. My target is between 16k and 12k. We’ll see. The RSI indicator and the Squeeze Momentum...
BITSTAMP:BTCUSD As you all know, we started a Bear Market in Bitcoin in November 2021, around 69k. From there we started a decline in what it looks like an ABC Zigzag Pattern to the Downside, elliottwave-forecast.com , which consists of 5 waves to the downside, 3 waves to the upside and 5 waves to the downside. Which I will call Primary Wave A (5 waves), Primary...
BITSTAMP:BTCUSD From the bottom of June 15, 2021, we had 5 waves up, following a mayor correction on Bitcoin of about 55%, which I would consider Primary Wave 4, and now we are in Primary Wave 5. Within Primary Wave 5, we already trace Intermediate Wave 1, and it seems that we are now tracing Intermediate Wave 2. Intermediate Wave 2 could be a Flat or a Double...
BITSTAMP:BTCUSD Bitcoin started a New Bull Market on December 2018, after a year long Bear Market. In Elliott Wave Terms, it had already traced Primary Wave 1, Primary Wave 2, Primary Wave 3, Primary Wave 4, and it is currently tracing Primary Wave 5. Within Primary Wave 5, it had already traced Intermediate Wave 1, Intermediate Wave 2, which is a Sharp Zigzag,...
BINANCE:CAKEUSDT Everybody wants to kill me because Cake price fell hard. Many throwing in the towel at the worst possible moment. However, what I see is a big Bull Flag Pattern, which should lead to higher prices when it finally breaks to the upside. To do that, we need to go above $19 USDT. If we do, the minimum price target would be $34 USDT. A target that I...
BITSTAMP:XRPUSD XRP started a new Bull Market on March 2020, after a 2.2 year Bear Market. In Elliott Wave Terms, it had already trace Primary Wave 1, to about $0.78 USD, which seems to be a Leading Diagonal, Primary Wave 2, which is clearly a Sharp Zigzag, to about $0.17 USD, which also coincides with the SEC lawsuit, Primary Wave 3, to about $2 USD. And now it...
BINANCE:ENJUSDT As you know Enjine will be integrated into Polkadot Ecosystem by becoming one of its Parachain’s, which should boost the demand and price of the ENJ token big time. parachains.info In Terms of Elliott Wave, we finished 4 mayor Primary Impulse Wave moves, and are missing Wave 5 up to the upside to new all time highs. Which should last several...
BINANCE:SOLUSD Solana just broke out of a Bull Flag about 3 days ago, that was a long 3 week consolidation period. The price target will be calculated by adding the length of the previous rise to the breakout point. Stop Loss is just below previous low. MACD indicator just gave a buy signal when the blue line crossed the orange line. Volume increased on the...
BITSTAMP:XRPUSD Starting on March 30, 2020, we started a New Bull Market on XRP, after a Multi-Year Bear Market. In Elliott Wave Terms, we already trace Primary Wave 1, from about $0.11 USD to about $0.80 USD, they we had Primary Wave 2, to about $0.17 USD, which coincides with the SEC lawsuit against Ripple. And from there we started Primary Wave 3. Within...
BITSTAMP:BTCUSD Many are expecting Bitcoin to drop to $25,000 USD or even $20,000 USD. If that where to happen, it needs to happen within the next 2 or 3 weeks, otherwise I doubt it will at all. Others are expecting Bitcoin to climb to around $50,000 USD first, and the drop to $25,000 USD. I don´t favor that scenario either. By Mid-December 2019 we started a...
COINBASE:ETHUSD As you can see in the chart, Ethereum is forming an Ascending Triangle Pattern, which is bullish. If we manage to close above $1,450 USD, the triangle would break to the upside, which would give us a minimum price target of about $1,800 USD. Definition of an Ascending Triangle Pattern: www.freeonlinetradingeducation.com I hope you find this...
BITSTAMP:XRPUSD O.k., first, let me tell you that I’m fully aware of the news, and I know that many expects XRP to go to cero and maybe be completely destroyed by the SEC on it’s coming lawsuit. And to be delisted everywhere. Now with that said, it is not being delisted yet, just trading suspension, the first hearing is on February 22, 2021, and there is a...
BITSTAMP:XRPUSD As you can see in the chart, XRP is making an Inverted Head and Shoulders Pattern, right now it is making the right shoulder. To confirm it, we will need to go above $0.39 USD. If we do the price target would be a minimum of $0.60 USD. www.freeonlinetradingeducation.com Also, the MACD indicator is giving us a buy signal, with the blue line...
BINANCE:LINKUSD As you can see in the chart, LINK is making a Symmetrical Triangle Pattern, as seen in the chart. www.freeonlinetradingeducation.com Triangles are generally continuation patterns, so it is likely to break to the upside. To do so, well need to close above $16.20 USD on a daily candle. If we do, the minimum target would be $29.40 USD, which is...
CME:BTC1! As you can see in the chart, there is a huge Open Gap on the CME Chart of Bitcoin between $26,000 and $24,000 dollars, and there is another between $19,000 and $18,300 dollars. To close those Gaps the price would need to go down to $24,000 for the first one, and all the way down to $18,300 to close the second one. Previously, it closed a huge Gap...
CRYPTOCAP:BTC.D We bottom in the Bitcoin Dominance Chart in January 2018, from there in Elliott Wave Terms we had a 5-wave move to the upside to 73.02% on September 2019. And from there we started a 3-wave movement to the downside. From which we already had Wave A, which looks to be a 5-wave movement Leading Diagonal Pattern, and are currently tracing Wave B to...
BITSTAMP:BTCUSD Starting from the March lows, we started a new impulse wave to the upside, from which we already trace Minor Wave 1, Minor Wave 2, and looks like we are about to finish Minor Wave 3 very soon. After that, I expect Minor Wave 4 to follow, which should take several weeks and retrace some of the previous advance, as shown on the charts, follow by...
BINANCE:UNIUSD As you can see in the chart, Uniswap bottom at about $1.74 USD on November, it rallied to about $4.0 USD, and has been forming a High Base Pattern for about 10 days. And now it seems that it is about to break it to the upside. To confirm it, we need to close above $4.3 USD. www.freeonlinetradingeducation.com The tarde would be to get in now,...